What is EITC?
Contributions made through the Educational Improvement Tax Credit (EITC) provide financial aid to students living in low-income households who attend an eligible scholarship organization, like Episcopal.
When an approved individual or business agrees to participate in the program for two consecutive tax years, they may be eligible for a tax credit equal to 90% of the total contribution.
How Do I Participate?
Contact Leadership Giving Officer Suzanne Schaffer (sschaffer@episcopalacademy.org or 484-424-1776) to discuss avenues of participation.
To Participate as an Individual
Qualified individuals participate through a Special Purpose Entity (SPE) established on behalf of Episcopal. Interested individuals should be prepared to sign a joinder committing to participation. Contributions to SPEs are made in the fall of each year. For more information on our SPEs, please review our one-page overview.
To Participate as a Business Owner
New businesses applying for tax year 2025 must submit an electronic application on July 1, 2025. Applications are approved on a first-come, first-serve basis and contributions must be made within 60 days of receipt of state approval. EA can assist with all applications.
Renewal applications for business participants who made a two-year commitment are accepted beginning on May 15, 2025, and contributions must be made within 60 days of receipt of state approval. EA can assist with all applications.
